this post was submitted on 16 Jun 2023
93 points (98.9% liked)
NBA
5103 readers
13 users here now
| East - Atlantic |
|---|
| Boston Celtics |
| Brooklyn Nets |
| New York Knicks |
| Philadelphia Sixers |
| Toronto Raptors |
| East - Central |
|---|
| Chicago Bulls |
| Cleveland Cavaliers |
| Detroit Pistons |
| Indiana Pacers |
| Milwaukee Bucks |
| East - Southeast |
|---|
| Atlanta Hawks |
| Charlotte Hornets |
| Miami Heat |
| Orlando Magic |
| Washington Wizards |
| West - Northwest |
|---|
| Denver Nuggets |
| Minnesota Timberwolves |
| Oklahoma City Thunder |
| Portland Trailblazers |
| Utah Jazz |
| West - Pacific |
|---|
| Golden State Warriors |
| Los Angeles Clippers |
| Los Angeles Lakers |
| Phoenix Suns |
| Sacramento Kings |
| West - Southwest |
|---|
| Dallas Mavericks |
| Houston Rockets |
| Memphis Grizzlies |
| New Orleans Pelicans |
| San Antonio Spurs |
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Purchased from Bob Johnson for $180m in 2010. I'm guessing the 13 year investment will have paid off.
For sure. He definitely made a pretty penny
He probably makes more than $180m from Jordan Brand in a year. Just crazy money.
It's appreciated almost as much as a house in my city!
Purchase was for $275M. Sale of $3B means a 990% increase, or 68% per year (approx).
There are a lot of NBA owners whose goal it is to just buy a team, not really care about winning (while saying they do), spend as little as they can get away with, then sell for massive profit. I've long suspected that was what MJ was doing.
I feel like Jordan is too competitive to not care about winning.
I think it’s more likely that star players just don’t make for good owners, similar to how they don’t seem to make good coaches.